Investing in payment innovations: risks and rewards

Carrie Jankowski and Tiffany White

Chicago Fed Letter, 2006, issue Sep, No 230b

Abstract: Advances in technology have helped usher in new payment mechanisms catered to current demographic and cross-border demands. Yet these payment innovations also pose increasingly complex security challenges worldwide. Participants at a recent Chicago Fed conference discussed the implications of these developments for the payments industry.

Keywords: Payment systems; Federal Reserve System (search for similar items in EconPapers)
Date: 2006
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